On the Beach Group PLC (OTB.L), a British travel company, on Tuesday posted an increase in pre-tax income and revenue for the full year. In addition, the Group noted that it expects a rise in adjusted pre-tax income for fiscal 2026, helped by a strong demand.
For the 12-month period to September 30, the company posted a pre-tax income of GBP 27.9 million, higher than last year's restated GBP 25.2 million. Excluding items, profit before tax increased to GBP 35 million from the restated GBP 29.2 million last year.
Net income stood at GBP 8.6 million, or 15.1 pence per share, compared with the restated GBP 13 million, or 11.1 pence per share, a year ago. Loss from discontinued operations was GBP 16 million as against the prior year's restated loss of GBP 5.9 million.
Excluding items, earnings were 18.3 pence per share, higher than the restated 12.9 pence per share last year.
Operating income moved up to GBP 22.9 million from the prior year's restated GBP 20.1 million. Revenue was GBP 121.4 million, up from the restated GBP 119.2 million in the previous year.
The Board will pay a final dividend of 3 pence per share on March 19, 2026, to shareholders on the register as of February 6, 2026.
Looking ahead, for fiscal 2026, citing a strong demand, the Group expects to report adjusted pre-tax income of GBP 39 million to GBP 43 million, in line with market expectations.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.